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A deed is a legal document that serves as evidence of the transfer of property ownership in real estate. It typically includes the signatures of the transferring party, the transaction date, the names of the involved parties, and a description of the property. There are various types of deeds, but this discussion focuses on general warranty deeds and special warranty deeds. A warranty deed provides the grantee with a guarantee from the grantor that they hold legal title to the property. The grantor promises the buyer that they own the property and have the right to sell it. Recording the deed is not mandatory, but if it is recorded, the document must be acknowledged.